Section 5 - Guidelines for notifying special Economic Zone - Special Economic Zones Act, 2005

Guidelines for notifying special Economic Zone. 5. (1) The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:- (a) generation of additional economic activity (b) promotion of exports of goods and services; (c) promotion of investment from domestic and foreign sources; (d) creation of employment opportunities; (e) development of infrastructure facilities; and (f) maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States. *************** NOTES:- 1. Shall came into force, w.e.f. 10th day of February, 2006 vide Notification No. S.O. 196(E) dated 10-02-2006.